Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks

Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks

Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
Powell and Yellen Suggest Need to Review Regulations After Bank Failures

Powell and Yellen Suggest Need to Review Regulations After Bank Failures

Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.